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Dec 22, 2012
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and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
and aside from the fiscal cliff, the battle in washington could hit you, the price of milk, higher. we'll explain.
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Dec 22, 2012
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cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> we are on the road to an economic renaissance. think about the united states economy like a runner along this road. full economic recovery and prosperity is the destination. the economy right now warming up with a nice jog, getting ready to break into a full sprint. gross domestic product, the broadest measure for the economy, grew by an annual rate of 3.1% over the summer. that's more than double the rate of the previous quarter. spending by americans was the single biggest factor in that growth. and more americans are sp
cliff. >> from your lips to god's ears, mohamed, thanks very much. coming up, as long as congress doesn't trip us up, we are on the way to an economic renaissance in this country. i'll explain. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate...
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Dec 22, 2012
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and that's before we talk about the rest of the fiscal cliff implications. >> that's why we're paying such close attention to it. thank you very much for the update this morning. >>> it took a week, but the nra finally responded to the massacre in newtown, connecticut. they promised a, quote, meaningful contribution to stop similar attacks. protesters interrupted the statement twice. what's the plan for the nra? armed guards in schools. why? listen. >> politicians pass laws for gun-free school zones. they issue press releases bragging about them. they post signs advertising them. and in doing so, they tell every insane killer in america that schools are the safest place to inflict maximum mayhem with minimum risk. >> now, i want to show you some of the reactions to the nra's message. michael bloomberg has been critical of the president and congress for not tackling this subject earlier. so what did he say about the nra's plea? quote, a shameful evasion of the crisis facing our country. >>> connecticut congressman chris murphy represents newtown. and here's his tweet after that nra spe
and that's before we talk about the rest of the fiscal cliff implications. >> that's why we're paying such close attention to it. thank you very much for the update this morning. >>> it took a week, but the nra finally responded to the massacre in newtown, connecticut. they promised a, quote, meaningful contribution to stop similar attacks. protesters interrupted the statement twice. what's the plan for the nra? armed guards in schools. why? listen. >> politicians pass laws...
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Dec 22, 2012
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thank you. >> nice to see you. >>> ireporters have been weighing in on the fiscal cliff. one of them is telling lawmakers to get real. >> have no rules because they are not spending their own money. they keep spending it and spending money with no regards to ever getting the united states out of debt. you're spending our money like drunken sailors with no regard to the future of america. my message to president obama and each member of congress is very, very simple. quit spending the money that america does not have. so, this board gives me rates for progressive direct and other car insurance companies? yes. but you're progressive, and they're them. yes. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. >>> welcome back. we've been focusing this morning on the calls for gun control in the wake of the shooting in newtown, connecticut. president obama wants action
thank you. >> nice to see you. >>> ireporters have been weighing in on the fiscal cliff. one of them is telling lawmakers to get real. >> have no rules because they are not spending their own money. they keep spending it and spending money with no regards to ever getting the united states out of debt. you're spending our money like drunken sailors with no regard to the future of america. my message to president obama and each member of congress is very, very simple. quit...
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Dec 22, 2012
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thank you so much for your time. >> thank you. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are flying. with a hello to you. how is it looking out there? not too bad in terms of traffic behind you. >> that's exactly right. good afternoon. it isn't too bad. here chilly but sunny and no problems to report in atlanta. most major airports throughout the country are run okay. one exception may be san francisco. bus there were rain delays there earlier today. but -- traffic slowing down a few of the other airports. according to flight aware.com so far only about 70 nights cancelled in the u.s. so far today. that's a big difference from thursday and provide when that storm blew through the plains and midwest and the no
thank you so much for your time. >> thank you. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are...
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Dec 22, 2012
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thank you very much. >> thanks. >>> to politics now. the coming fiscal cliff. there was a flurry of action this week. in the end, still no deal. the senate is on vacation until thursday. and republican house leaders have just said that they'll be back if needed. joining me now as they do every week, cnn contributor maria cardona and amy holmes, anchor of "real news" on "the blaze." good morning to you. >> good morning. >> maria, there are still a few days left, maria. can anything get done, what do you think? >> given that it's the holiday season and i think hope should spring eternal, especially this time of year -- >> oh, my. >> and i am an optimist. i hope that a deal can get done, randi. the other thing that i think should go into the equation as to whether a deal can get done even though it hasn't up to now is republicans need to remember who won this election. and republicans need to remember what the american people wanted and whose plan they supported. and that was president obama's plan to make sure to do this, deal with the fiscal cliff in a balanced
thank you very much. >> thanks. >>> to politics now. the coming fiscal cliff. there was a flurry of action this week. in the end, still no deal. the senate is on vacation until thursday. and republican house leaders have just said that they'll be back if needed. joining me now as they do every week, cnn contributor maria cardona and amy holmes, anchor of "real news" on "the blaze." good morning to you. >> good morning. >> maria, there are still a...
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Dec 22, 2012
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the fiscal cliff. could these two men end up being the grinches that steal christmas? we'll talk live to republican congressmen about what's stopping the president and the house speaker from reaching a deal. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> we're just ten days away from the country going over the so-called fiscal cliff, automatic tax increases on nearly every american and huge spending cuts to defense and social programs are set to take effect the 1st of january unless the president and congress reach a new budget deal. but most lawmakers have deserted the capital to be home for christmas leaving america teetering on the brink. one of those enjoying christmas back if california is republican congressman tom mcclintock joining us from sacramento, california. you are a tea partier. you
the fiscal cliff. could these two men end up being the grinches that steal christmas? we'll talk live to republican congressmen about what's stopping the president and the house speaker from reaching a deal. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> we're just ten days away...